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29 Dec
14:27

Russia’s steel market stable, pipe output increases: minister

Russian steel capacity utilisation is currently at about 85%, says Minister of Industry and Trade Denis Manturov. "Despite the panicked forecasts of foreign experts about a decline in production by 24%, for the first ten months of this year we recorded a decrease in steel production by only 6.5%,” he noted in an interview last week with Russian state news agency TASS. “At the same time, there is an increase in production in certain market segments…
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